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Insuring Project Risk, Assuring Risk Management

When you think of risk management in the context of smart growth best-practices, what comes to mind first? Is it risk management that connects to crafting a solid, right-sized insurance program? Is it indeed the insurance piece, but also combining the basic block, tackle and kicking tactics and strategies that help mitigate risk at your project site? Bingo—risk management has many tentacles—is all-encompassing. Sometimes the nuanced pieces of the puzzle get lost in the shuffle. Insurance is a vital piece, and is often the component that goes to the front burner as a project risk profile is examined. Indeed, environmental insurance's role is seen in programs offered by risk insurance leaders such as Aon Risk Services, Marsh and Great American Insurance—all vital to the cause more than ever now that AIG pulled its stakes in offering environmental coverage. But risk management's tentacles entail so much more than vital environmental policies.…Log In to Read Full Article

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